Nubank posts 87% increase in fourth-quarter adjusted profit
ReutersFeb 20, 2025 9:04 PM
SAO PAULO, Feb 20 (Reuters) - Brazilian digital lender Nubank NU.N posted on Thursday an 87% increase in its fourth-quarter adjusted net profit from a year earlier.
Nubank, which is listed on the New York Stock Exchange through Nu Holdings NU.N, reported an adjusted net profit of $610 million for the quarter ended in December, above the $567 million estimated by analysts in an LSEG poll.
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